Relocate your business to Cyprus via the Business Facilitation Unit.
Headquartering to Cyprus made easy. A company owned by Non EU nationals can relocate to Cyprus with a minimum investment of €200,000 euro. Cyprus has established a “Business Facilitation Unit...
Suspension of access to the Register of Beneficial Owners for the general public
The Registrar of Companies has today (28/11/2022) anounced that following the judgment of the the Court of Justice of the European Union (CJEU), 22/11/2022, in joined cases C-37/20 and C-601/20, access...
The CJEU strikes a blow to the UBO public registries.
The Court of Justice of the European Union in a judgment delivered on 22/11/2022, in a preliminary ruling, decided that the provision whereby the information on the beneficial ownership of...
Crypto Asset Services Provider (“CASP”) in Cyprus.
Introduction If you are a Crypto Asset Services Provider (“CASP”), within the meaning of the Prevention and Suppression of Money Laundering and Terrorist Financing Law (“AML/CFT Law”), that provides services...
What is Digital Nomad Visa?
The “Cyprus Digital Nomad Visa” Scheme allows nationals from non-EU and non-EEA countries, who can perform their work location-independently using telecommunications technology, to reside temporarily in Cyprus and work for...
Cyprus Startup Visa
1.Introduction The Scheme is valid from 1st June 2022 until 31st May 2024. The “Cyprus Startup Visa” Scheme allows talented entrepreneurs from third countries [outside the European Union (EU) and...
The UBO Registry. Update by the Registrar of Companies -25/07/2022
The Registrar of Companies provided an update on 25/07/2022 as regards the operation of the UBO Registry. The anouncement states that the operation of the Interim Solution for submission of...
Annual governement levy for 2022- Extension for payment till 31st December 2022
On 30 June 2022 the Parliament voted another amendment to the Cyprus Companies Law Cap. 113 according to which the deadline for the payment of the annual levy for the...
Annual Return for Cypriot companies. Reduction of administrative fine as from 24/06/2022.
By an amending Law, (Law 87(Ι)/2022 ) , the Cyprus Parliament voted on 24/06/2022 a cap on the administrative fine that may be imposed for late filing of the annual return....
Access to the Beneficial Owners Register.
The Department of Registrar of Companies and Intellectual Property of the Ministry of Energy, Commerce and Industry, announces that as from June 1st 2022 the general public, as well as...
